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U.S. Markets News

Investing in pot stocks 101: Here’s what you should know

Marijuana-based stocks are all the rage in the market now. They have even managed to hog the limelight from heavyweight…

Levi Strauss planning a public markets comeback

Levi Strauss, inventor of the iconic blue jeans, filed for an initial public offering on Wednesday. The company plans to…

Not for sale, says Tesla rival on Ford takeover rumors

Ever since California-based Lucid Motors clinched a $1-billion investment from Saudi Arabia’s Public Investment Fund (PIF) beating bigger rival Tesla…

Apple and Fitbit are leaders in the growing smartwatch market

The US smartwatch market has grown significantly in the past one year and Apple (AAPL) and Fitbit (FIT) own a…

Johnson & Johnson buys Auris Health to boost medical devices business

Establishing its foray into robotic health products, pharmaceutical giant Johnson & Johnson (JNJ) on Wednesday announced it was acquiring California-based…

Forty countries back UN draft regulation on braking systems

The UN Economic Commission for Europe (UNECE) on Tuesday announced that 40 countries — including The European Union and Japan…

Gilead’s credibility takes a hit on massive NASH-drug failure, rivals jump

Shares of Gilead Sciences (GILD) have tumbled 20% in the past 52 weeks on numerous reasons including weaker-than-expected quarterly results…

Electronic Arts’ stock is riding high on Apex Legends wave

Electronic Arts Inc. (EA) is still riding the Apex Legends wave, with shares up 4.6% in mid-day trade on Tuesday.…

2019 headwinds might come to haunt oil as OPEC cuts supply

The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday announced that it cut oil production through a global supply…

A mixed bag awaits Tesla this year amid global expansion

Tesla’s (TSLA) ambitious expansion into the international market gathered momentum this month with the first batch of Model 3 getting…

Four cheap biotech stocks to buy

In the current environment, investment in the biotech stocks could be a risky recommendation for the investors. Despite its erratic…

Toys R Us gets a new life in the hands of former executives

If everything goes as planned, Wall Street will soon witness one of its iconic brands rising from the ashes like…

Upcoming earnings for the week Feb 11 – 15

A slew of major companies are reporting earnings for the week February 11 to 15. E-commerce solutions platform Shopify Inc.…

Semiconductor rally over; stocks sink after Goldman warns of more trouble

When the semiconductor industry came under pressure last year after the weakness in demand deepened, there was widespread speculation the…

Arconic beats Q4 bottom and topline estimates, announces spin-off plan

Arconic Inc. (ARNC) results for the fourth quarter of 2018 topped analysts' views sending the shares up 2% in Friday's pre-market trading.…

Amazon invests in self-driving startup Aurora amid efforts to cut delivery cost

Amazon (AMZN) has been deepening its presence in the transportation sector, after launching its own logistics service last year in a…

Will the BB&T-SunTrust merger pave the way for more deals?

BB&T Corporation (BBT) and SunTrust Banks Inc. (STI) have agreed to join together in an all-stock merger of equals valued…

United Airlines adds premium seats to attract high-paying travelers

United Airlines, listed under its parent United Continental Holdings Inc (UAL), on Wednesday announced the addition of 1,600 premium seats…

US trade deficit drops for the first time in six months

The trade deficit of the United States of America slipped in November due to a steady decline in cellphone and…

Nvidia’s stock gains after SoftBank discloses stake sale

Nvidia Corporation (NVDA) saw its shares gain 3.2% on Wednesday after Japan’s SoftBank Group Corp. revealed that it has sold…

Google to team up with Renault-Nissan-Mitsubishi for Waymo self-driving cars – Nikkei

Tokyo-based financial news giant Nikkei on Tuesday reported that the Renault-Nissan-Mitsubishi alliance would jointly develop autonomous taxis and other services…